LP’s Wilmington, N.C. Operations Temporarily Shut Down Following Hurricane Florence
September 20 2018 - 6:55AM
Business Wire
Louisiana-Pacific Corporation (LP) (NYSE:LPX) announced today
that due to Hurricane Florence, its Wilmington, N.C. engineered
wood operations have been temporarily shut down.
“Our thoughts and prayers are with those impacted by this storm,
especially our employees,” LP CEO Brad Southern said.
“We are thankful that as far as we know, none of our employees
have been injured during the storm and subsequent flooding over the
past few days, however many have damaged homes and some have been
displaced by the flooding,” he added.
The company’s Wilmington mill suffered damage in the storm. An
LP response team has begun assessing the extent of the damage.
LP has inventory at the mill that was not damaged and plans to
continue servicing customers for the near term from inventory on
hand at the Wilmington facility.
LP employs 700 people at its three North Carolina mills,
including 149 at its engineered wood products plant in Wilmington.
The company’s operations in Roaring River and Roxboro were not
impacted by the storm.
About LP
Louisiana-Pacific Corporation is a leading manufacturer of
quality engineered wood building materials including OSB,
structural framing products, and exterior siding for use in
residential, industrial and light commercial construction. From
manufacturing facilities in the U.S., Canada, Chile and Brazil, LP
products are sold to builders and homeowners through building
materials distributors and dealers and retail home centers. Founded
in 1973, LP is headquartered in Nashville, Tennessee and traded on
the New York Stock Exchange under LPX. For more information, visit
www.lpcorp.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20180920005213/en/
Louisiana-Pacific CorporationMedia Relations:Mark Morrison,
615-986-5886orInvestor Relations:Becky Barckley/Mike Kinney,
615-986-5600
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